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The Lab(TM) from HighRoads Named a Top Product of the Year by Human Resource Executive(R)
BOSTON-(Business Wire)-October 3, 2008 - HighRoads, the company providing employers – for the first time – complete control over their health care costs and vendors, today announced that The Lab, the industry's first real-time, unbiased benefit benchmarking tool, has been named as one of Human Resource Executive magazine’s Top 10 HR Products of the Year for 2008. HighRoads will be honored in an awards ceremony to be held on October 15, 2008 during the HR Technology Conference® at McCormick Place in Chicago. The Lab is also featured in Human Resource Executive magazine’s article, released today, announcing this year’s Top HR Product of the Year winners.
“The Lab from HighRoads has been named a Top HR Product for 2008 because it is an innovative solution for HR teams that want to better understand what their peers are paying and offering when it comes to employee benefits,†said David Shadovitz, editor, Human Resource Executive. “By giving benefits managers the ability to analyze and compare detailed plans and pricing, HighRoads brings superior value to HR teams seeking to strike an effective balance between attractive benefits packages and costs.â€
“We are excited that The Lab has been recognized as one of Human Resource Executive’s Top HR Products of the Year for 2008,†said Lori Dustin, chief marketing officer, HighRoads. “The Lab was designed to give benefits managers, for the first time, insight into what the competition is doing, based on hard, cold facts. This can give any HR professional the edge when it comes to designing and executing the kinds of benefits packages that are attractive – and cost effective.â€
The Lab was selected from a record number of entries which were evaluated for their innovation, value to the HR function, intuitive use and ability to deliver what is promised. The Lab was chosen for its unique ability to give employers immediate competitive insight to assist them in attracting and keeping a quality workforce. The powerful benchmarking portal, first released on April 14, 2008, arms HR teams to negotiate better pricing and map benefits plans more closely to the needs of their employees with unprecedented access to peers’ employee benefits plans and costs.
The Lab is a flexible and easy-to-use portal that offers:
- Unlimited access to timely, comprehensive benefits data, updated in real time.
- Employee benefit comparison data based on similar industry, geography or company-size criteria.
- Visibility into historical plan data, making it easy to compare and contrast the impact of plan changes.
Pricing and Availability
Available now via an unlimited-use subscription service, access to The Lab costs just $4,995 per year. A free one-time trial is available by visiting: The Lab.
About HighRoads
The world’s largest employers – such as General Dynamics, Honeywell, IBM, Kraft, Staples and Boeing – choose HighRoads to gain complete control over their health care vendors and costs. With HighRoads’ service, employers – for the first time — have online access to benefits plan information and pricing, competitive benefits benchmarks, and complete health care supply chain management. The privately-held company is headquartered in Woburn, Mass.
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